Economic analysis of volunteers’ motivations—A cross-country study

Abstract: While some core theories on volunteer labor supply decisions can be found in the economic literature, little efforts were made so far to operationalize these models and verify their implications in an empirical context. This paper aims at narrowing the research gap between the theoretical economic literature on volunteer motivations and the empirically observed motivations for volunteer labor supply. A common indicator ‘voluntary contributions by others’ linking the theories of public goods, private consumption and investment has been identified and examined on the basis of structural equation modeling and regression analysis. Using representative micro data collected for volunteers in Bangladesh, Ghana, Poland and South Korea, the paper finds that this indicator significantly influences an individual''s motivation. Particularly, observed findings are in accordance with theoretical predictions. [Copyright &y& Elsevier]